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Pastimes : Why are the OTC-BB stocks dying??
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To: Joe Copia who wrote (80)8/18/1998 9:56:00 AM
From: Jeffrey L. Henken   of 115
 
What upset me Joe was your inference that I was here merely to hype stocks. Yes I have an agenda, all those who post here do, but to suggest that I own stocks I clearly stated I have no interest in owning is wrong.

I stated in my first post my feelings about this thread and outlined my own agenda:

Message 5509602

I then waited patiently until I was clearly able to understand your own agenda. Correct me if I'm wrong but you seem to be pointing out the risks of investing in OTC BB stocks in what appears to be a bad market for these stocks.

That's a good thing.

Then I set about to show you and readers of this thread that the rewards can be high as well as the risk:

Message 5522292

Joe my point is this: I agree the OTC BB stocks have been looking bad but they are not the only group of stocks that have done poorly the last few months. When stocks sell off without any fundamental change in the group then the risk to reward ratio in the group has simply improved. I think that if you had singled this group out when they were outperforming a few months ago that that would have been a neat trick.

What I think you have done now is call a bottom. We will have to wait and see who is right. If we are not supposed to discuss stocks here and use particular examples how about suggesting an index we can watch on a daily basis to see if these stocks continue to under perform.

Anyone, what index should we watch and where?

You will still have to change the header though because the OTC BB stocks are the only group of stocks I know of where you get huge moves in stocks on a daily basis without any news. I am certain that you will see others mentioning symbols besides me.

Regards, Jeff
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